Indian stock market: Key benchmark indices – Sensex and Nifty – extended their gains for the third consecutive session on Tuesday, July 16, reaching new all-time highs. The Sensex reached a new record high of 80,898.3, while the Nifty 50 achieved a new peak of 24,661.25 during the session. The […]
US stocks edged higher on Tuesday after strong retail sales data and on hopes for a interest rate cut by the Federal Reserve in September. At the opening bell, the Dow Jones Industrial Average rose 52.06 points, or 0.13%, to 40,263.78. The S&P 500 was higher by 12.87 points, or […]
DB Corp Share Price Today: Shares of Dainik Bhaskar (DB) Corp Ltd hit a fresh record-high at a historic seven-year high on Tuesday after the print media company announced its April-June quarter results for fiscal 2024-25 (Q1FY25). The NSE-listed media stock is now just a few points away from being […]
The Securities and Exchange Board of India (Sebi) has invited comments on its proposal to introduce a new asset class or product category aimed at bridging the gap between mutual funds (MFs) and Portfolio Management Services (PMS). In a consultation paper released today, Sebi clarified that the new asset class […]
SoftBank-backed Ola Electric expected to set a valuation of approximately $4.5 billion for its upcoming initial public offering (IPO), which represents a decrease of about 16-20% compared to its valuation in the last funding round, according to Reuters report. In June, the Indian markets regulator greenlit Ola’s $660 million stock […]
Shares of Jio Financial Services fell nearly 3 per cent on Tuesday, hitting a low of ₹346.80, following a 6 per cent year-on-year decline in net profit for the quarter ending June 2024. The net profit for Q1FY25 was ₹313 crore, compared to ₹332 crore in the same period of […]
While the banking sector may have underperformed compared to the Nifty over the past 6 to 12 months, it remains poised for significant long-term growth due to India’s largely underbanked population. The Nifty Bank index has gained 8.5 percent year-to-date in 2024, compared to an over 13 percent rise in […]
In July, the Indian stock market benchmark Nifty 50 has been breaking records, fueled by optimism surrounding the growth-oriented Union Budget 2024 and expectations of strong earnings from India Inc. for the June quarter (QFY25). A pro-growth Budget and better-than-expected earnings of Nifty 50 companies will boost the market, making […]
KPIT Technologies (KPIT), a leading global pure-play engineering, research, & development (ER&D) services company, has seen its shares skyrocket in a brief time, rewarding shareholders handsomely. Over the last two years, the shares have climbed from ₹517 apiece to the current trading price of ₹1,882, translating into a massive gain […]
Stock Market Today: NTPC Ltd, Power Grid Corporation of India Ltd, JSW Energy Ltd, Torrent Power, GVK Power and Infrastructure , BHEL and others share prices have remained in focus with strong rise in power demand. While Power Grid Corporation share price has risen 90% is a year, NTPC Ltd, […]